Showing 1 - 6 of 6
This paper studies how firm-level export performance is affected by Real Exchange Rate (RER) volatility and … investigates whether this effect depends on existing financial constraints. Our empirical analysis relies on export data for more … this negative impact, especially on the intensive margin of export. These results provide micro-founded evidence suggesting …
Persistent link: https://www.econbiz.de/10010671572
We develop a model to analyze one mechanism under which stronger intellectual property rights (IPR) protection may improve the ability of firms in developing countries to break intoexport markets. A Northern firm with a superior process technology chooses either exports or technology transfer...
Persistent link: https://www.econbiz.de/10005406245
This paper shows empirically that China’s trade balance is sensitive to fluctuations in the real effective exchange rate of the renminbi, although the size of the surplus is such that exchange rate policy alone will be unable to address the imbalance. One of the main reasons why the reduction...
Persistent link: https://www.econbiz.de/10005648577
We find that Chinese trade flows respond to economic activity and relative prices -- as represented by a trade weighted exchange rate -- but the relationships are not always precisely or robustly estimated. Chinese exports are generally well-behaved, rising with foreign GDP and decreasing as the...
Persistent link: https://www.econbiz.de/10010818564
France has seen a marked deterioration in its export performance in the last 10 years or so. Previous empirical … research pointed out that weak export performance was due to i) vigorous domestic demand; ii) lower mark-ups due to head …-to-head competition with Germany; iii) low non-price competitiveness of French export goods; iv) offshoring of entire production processes …
Persistent link: https://www.econbiz.de/10008583670
We develop a model of international trade with two dimensions of firm heterogeneity and export quality constraints that … exporter premia cannot be rationalized through these models as they imply no variation in export status once size is controlled … strong support for the model. We also investigate the sources of export quality constraints using firm-level trade shipment …
Persistent link: https://www.econbiz.de/10010562121